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$1,475,000 Just Listed
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Property Description
The unique opportunity to acquire a meticulously maintained 19-unit walk-up building. This exceptional property with Cap rate of 9.3 features spacious all two-bedroom units adorned with beautiful hardwood floors. The property has undergone several notable improvements, including newer windows, all copper plumbing, a high-efficiency boiler, updated electric systems, a new fence, and recent tuckpointing, new coping, lintel replacement, totally renovated main sewer service and security cameras. There is potential for a significant increase in rent amount with the possibility to use an existing management company Taty Management. Conveniently situated just 9.3 miles south of Chicago's downtown loop area. It is located near "Chicago Transportation Authority" (CTA) 69th Street Red Line train station, ensuring easy commuting options for residents. Additionally, the proximity to the I-94 Expressway and several CTA bus stops, including 24, 67, and 167 routes.
Full Property Details
Full Property Details for 6820 S Perry Ave
General
- Price: $1,475,000
- HOA FEE: $15,012
- Taxes: $27,142 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12497916
- Updated: 3/1/2026
- Added to Site: 2 day(s) ago
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: 2 blocks West of 94, 1 block East of Wentworth. Perry one way street heading North. Access from 69th street.
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat
Utilities
- Trash: 6361
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Stories/Levels: 4
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 19
- Units w/Range/Oven: 19
Lot Features
- Lot Dimensions: 8750
Financial Considerations
- Maint. Fee: $15,012
- Insurance Fee: $13,000
- Operating Expenses: $111,186
- Other Fee: $12,304
- Assessment Year: 1926
- Tax Amount: $27,142.65
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 1791
- Pays Trash: 6361
Disclosures and Reports
- Property ID: 20214070150000
Listed by Taty Management LLC
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Schools
Schools serving 6820 S Perry Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Parker Elementary Community Academy 6800 South Stewart Avenue, Chicago, IL 60621 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6820 S Perry Ave
Date
Details
Price
Change
Source
3/01/2026
Listed
$1,475,000
11.32%
MLS
2/04/2022
Sold
$1,325,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6820 S Perry Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$22,770
3%
$107,921
—
2022
$22,197
2%
$107,921
—
2021
$21,702
31%
$107,921
45%
2020
$16,560
11%
$74,337
—
2019
$14,935
18%
$74,337
16%
2018
$12,609
31%
$63,833
43%
2017
$9,616
13%
$44,669
5%
2016
$8,512
3%
$42,497
-5%
2015
$8,228
-26%
$44,899
-25%
2014
$11,058
2%
$59,600
—
2013
$10,840
1%
$59,600
—
2012
$10,695
—
$59,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6820 S Perry Ave
6820 S Perry Avenue, Chicago, IL 60621 (MLS# 12497916) is a Commercial property. 6820 S Perry Avenue is currently listed for $1,475,000 and was received on March 01, 2026. Want to learn more about 6820 S Perry Avenue? Do you have questions about finding other Commercial real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

